Community Bank N.A. lowered its holdings in DuPont de Nemours, Inc. (NYSE:DD – Free Report) by 67.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,138 shares of the basic materials company’s stock after selling 20,797 shares during the period. Community Bank N.A.’s holdings in DuPont de Nemours were worth $1,375,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. California State Teachers Retirement System raised its position in shares of DuPont de Nemours by 7,560.9% in the 2nd quarter. California State Teachers Retirement System now owns 38,660,655 shares of the basic materials company’s stock valued at $5,243,931,000 after purchasing an additional 38,156,004 shares in the last quarter. Auto Owners Insurance Co boosted its stake in DuPont de Nemours by 4,275.8% during the 4th quarter. Auto Owners Insurance Co now owns 17,552,405 shares of the basic materials company’s stock valued at $70,561,000 after acquiring an additional 17,151,278 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in DuPont de Nemours by 12,133.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,614,878 shares of the basic materials company’s stock worth $365,921,000 after acquiring an additional 9,536,283 shares in the last quarter. Invesco Ltd. raised its stake in shares of DuPont de Nemours by 64.4% in the 4th quarter. Invesco Ltd. now owns 14,514,600 shares of the basic materials company’s stock valued at $583,487,000 after purchasing an additional 5,686,490 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of DuPont de Nemours by 242.4% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 7,491,426 shares of the basic materials company’s stock valued at $301,155,000 after purchasing an additional 5,303,219 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of DuPont de Nemours in a research note on Monday, August 3rd. Royal Bank Of Canada cut their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Zacks Research downgraded DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. The Goldman Sachs Group lifted their target price on DuPont de Nemours from $53.00 to $159.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, UBS Group boosted their price target on DuPont de Nemours from $175.00 to $178.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Twelve research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, DuPont de Nemours has an average rating of “Moderate Buy” and a consensus price target of $166.60.
DuPont de Nemours Trading Down 0.1%
NYSE DD opened at $131.46 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.82 and a current ratio of 2.43. DuPont de Nemours, Inc. has a one year low of $92.49 and a one year high of $157.98. The company has a 50-day simple moving average of $138.26 and a 200-day simple moving average of $140.34. The firm has a market capitalization of $17.75 billion, a PE ratio of 292.20, a price-to-earnings-growth ratio of 1.20 and a beta of 1.06.
DuPont de Nemours (NYSE:DD – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The basic materials company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.12. DuPont de Nemours had a net margin of 0.67% and a return on equity of 6.92%. The firm had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the business earned $1.12 earnings per share. DuPont de Nemours’s quarterly revenue was up 4.0% on a year-over-year basis. DuPont de Nemours has set its Q3 2026 guidance at 1.800-1.900 EPS. On average, equities analysts forecast that DuPont de Nemours, Inc. will post 7.27 earnings per share for the current year.
DuPont de Nemours Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, August 31st. DuPont de Nemours’s dividend payout ratio is presently 533.33%.
DuPont de Nemours Profile
DuPont de Nemours (NYSE: DD) is a global science and engineering company that develops and supplies specialty materials, chemicals and industrial biosciences for a wide range of markets. Headquartered in Wilmington, Delaware, the company traces its origins to 1802 and has evolved through more than two centuries of innovation. In recent history DuPont participated in a major combination with Dow Chemical and subsequent reorganization that refocused the company on differentiated, specialty businesses built around science-based solutions.
DuPont’s operations center on advanced materials and technologies used by manufacturers and OEMs in industries such as transportation, electronics, construction, industrial manufacturing and worker safety.
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